So - out of curiosity - what would your plan be for the DAO funding rewards when that time comes?
The intent of this proposal is for the DAO to accumulate as many funds as it can during this period where the whitepaper is funding the rewards. To me, it's especially important in the short term because of the GLX opportunity, but I also think that the DAO will be required / motivated to start supplementing rewards as soon as 3 years from now.
So - if you do not want the DAO to take advantage of this period to accumulate as much capital as possible so that we can (ideally) fund rewards off of the interest of our future investments, what would your alternative strategy be?
i don't have the answers except to maybe start building the infrastructure for a banking / loan system for players needing staked SPS and for us who just want more .....?
What i do see is 6.3% less reasons for me to want to keep my SPS in a voting system which already has things against it - like 4 week lock up and better returns elsewhere etc.
Maybe it's just timing. The general public is now allowed to come up with all sorts of ideas and this proposal gives us/me less reasons to want to actively be involved in these ideas.
I wonder, as the return on the staked SPS becomes lower, who would be the voting peoples? would this help or hinder the game? 🤔
ultimately i want the best for the game also, So if everyone votes for this then clearly i'm wrong and should just shut the fk up 🤣
See the response I posted above this one to Holozor... While you are correct that you would get 6.3% SPS from staking, the value of that SPS would also be worth 6.3% more (all else being equal).